Jason P. Lorber, Vermont House of Representatives, representing the people of downtown Burlington and the Old North End.

Monday, May 18, 2009

VT #1 in Insurance (again)

Vermont was named the #1 state for insurance, for the second year in a row, according to a report from the Heartland Institute.

Sexy stuff, right?

Well, yes, if you think lower taxes are sexy. Insurance companies are a big industry in Vermont, especially in captive markets (that's basically companies who self-insure). And that means big tax revenues for Vermont (which means lower taxes for the rest of Vermonters). We all win.

Which is why we passed legislation this year that bolsters the insurance industry. That's another way that the Legislature is making Vermont better for business.